104 2ND Milan IL 61264
- Property ID: 298348
- Date added: 06/26/23
- OriginalListPrice: 175000
- Post Updated: 2023-10-06 07:18:04
- Type: Commercial
- Status: Active
- Lot size: 7550 sq ft
- MLS #: RMAQC4241538
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Description
Profitable business in a great location, located walking distance from municipal city hall, in downtown Milan, IL. This is a fantastic business that has been running profitably for years, and has a opportunity to expand physically on this property, as well as with the products they sell. The property is owned and included in the sale of the business. This business provides flexibility to open and close based on owner’s needs. Current product offerings include snacks, drinks, liquor, tobacco and basic grocery. Opportunity to expand with more products (lottery, vaping items, specialty smoking, and gambling), and expanded hours (currently open from 9am to 6:30pm). Building was expanded by owners and has an opportunity to expand further. Lots of parking, a 12x8ft storage shed, and an opportunity to increase profitability make this a great opportunity for anyone looking to run their own business. Furniture, Fixtures & Equipment are included in the sale of this business: includes 3-door walk-in cooler, 5 cooler refridgerators. Business currently holds $30,000-$40,000 of inventory which is to be sold seperately. 24-48 Hour notice to show.
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Location Details
- County: Rock Island
- Directions to Property: i-280 to 1st Ave E (Airport Road), 1st Ave E to 2nd Ave W
- Zoning: commerical
Property Details
- BuildingAreaTotal: 616
- Cooling: Wall/Window Unit(s)
- Levels: One
- LEASE INFORMATION: Years - 5
- # of Buildings: 1
- BUILDING DESCRIPTION: Cable, Wireless Internet
Property Features
- MlgCanView: 1
- HEATING: Individual Unit, Space Heater
- FRONTAGE/ACCESS: City Street, Corner Lot
- FLOORING: Concrete, Tile/Vinyl
- SEWER SOURCE: Public Sewer
- WATER SUPPLY: Municipal/City
- ADDITIONAL AMENITIES: Milan
Fees & Taxes
- Tax Year: 2021
- TaxAnnualAmount: 2870
- TenantPays: All Utilities
Miscellaneous
- OWNER PAYS: None
- PROPERTY USE: Retail
- Net Operating Income: -2870
Courtesy of
- Office Name: Realty One Group Opening Doors
This Commercial style property is located in Milan is currently Commercial Sale and has been listed on Rhoades Real Estate. This property is listed at $ 169,000.00. It has bedrooms, bathrooms, and is . The property was built in year.
